Which among the following is a incorrect statement:
[A] The Reserve Bank of India has the special powers to control and regulate the commercial banking system
[B] A rise in the bank rate is a strong anti-deflationary monetary tool
[C] Minimum Reserve Requirements are fixed to ensure the liquidity and solvency of individual commercial banks
[D] Reserve Ratio Requirement is a quicker method than bank rate and OMO (Open Market Operations) in general credit regulations
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